Tag: inflation
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Drop in rice, poultry, fish prices could slow August inflation
A sharp decline in rice, poultry, and fish prices during the second half of August signals a favorable trend toward continued easing of inflation.
Regular milled rice price ease in early August—PSA data
The average price of regular milled rice fell 20 percent year-on-year to P40.66 per kilo in the first half of August, potentially easing overall inflation if the downtrend holds through month-end.
Treasury bill yields down amid rate expectations
Treasury bill yields declined at Monday’s auction as investors shifted focus back to short-term debt following the auction of five-year retail treasury bonds last week, and amid growing anticipation of potential monetary policy easing.
Rice, utilities costs pull down July inflation to 6-year low
Inflation in the Philippines eased to its lowest level in six years in July, driven by falling prices of rice, other food items, and utilities. The headline inflation rate slowed to 0.9 percent, down from 1.4 percent in June, according to the Philippine Statistics Authority (PSA).
T-Bill yields mixed as slew of data loom
Treasury bill yields moved mostly lower at Monday’s auction, as investors braced for a raft of key economic reports that could influence future monetary policy direction.
